UBS have raised their euro forecasts:
- EUR/USD projected to $1.23 by June 2026 (previous forecast for June '26 was 1.2)
- $1.21 at the end of 2025 (with previous forecast 1.16)
Citing the euro will be the key alternative for global investors seeking to diversify away from the U.S. dollar:
- euro stands out as the ‘default’ alternative for global investors seeking to diversify away from the U.S. dollar
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Last time around 1.26 was a while back:
